Chinese services sector posts strongest growth since August

02/4/2013 | Bloomberg

Fueled by construction and retail sales, China's services sector expanded last month at its fastest rate since August. The National Bureau of Statistics and the China Federation of Logistics and Purchasing say their nonmanufacturing purchasing managers' index reached 56.2, compared with 56.1 in December, on a scale in which anything higher than 50 indicates growth.

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